Homes Under $400K in Albuquerque

Find affordable homes under $400,000 in Albuquerque, New Mexico. These budget-friendly properties offer great value for first-time buyers, investors, and anyone looking for an affordable entry into the market.

Showing 442 listings in Albuquerque.

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Welcome to one of the largest homes in the neighborhood! This spacious and light-filled floorplan offers room to spread out with multiple living areas and an ideal layout for everyday living and entertaining. The open kitchen features abundant cabinet space, a separate dining area, and flows seamlessly into the main living space. Upstairs you'll find 4 generously sized bedrooms, each with its own private bathroom, plus a large loft/family room filled with natural light!

4
BEDS
4
BATHS
3,244
SQFT
0.09
ACRES

2408 Sun Gate Trail SW, Albuquerque

Plat For Sun Gate Subdivision
$375,000

Beautifully home in the gated Sun Gate community of SW Albuquerque! This spacious two-story property offers over 2,700 sq ft with 3 bedrooms, 2.5 baths, multiple living areas, and a versatile loft perfect for an office, game room, or second living space. The open-concept kitchen features ample cabinetry, an island, and great flow for entertaining. Relax in the oversized primary suite with walk-in closet, dual sinks, garden tub, and separate shower. Enjoy a private balcony with scenic views and a low-maintenance backyard ideal for gatherings. Conveniently located near parks, schools, shopping, and dining--this home offers comfort, space, and convenience all in one!

4
BEDS
3
BATHS
2,861
SQFT
0.12
ACRES

International artist's home in the heart of UNM South neighborhood! An inspired loft style addition designed by architect Justin Weissman features clearstory windows, Scheuss German lighting, and soaring creative energy throughout. Was used as both her studio and gallery space for private openings, this flexible area includes a bathroom with a clawfoot tub and could easily serve as a spacious primary suite. Hardwood floors add warmth and charm, while both refrigerated and evaporative cooling provide comfort during summer months. Kitchen has Talavera counters, gas stove, abundant cabinets, & a pantry. The established park like yard offers multiple inviting outdoor spaces including an oversized front porch, covered back patio, and a destination pergola. Storage shed with shelving included.

3
BEDS
2
BATHS
1,671
SQFT
0.11
ACRES

Welcome to the highly sought -after Cimino Compound in the North Valley. Situated on 11 acres of lush green space with mature cottonwoods come see this inviting and beautifully maintained & freshly stuccoed 2 bedroom, 1 bath adobe showcasing authentic southwestern character with one of the largest courtyards, original vigas, wooden ceilings and timeless brick flooring. Natural light filled space creates a warm atmosphere complemented by stainless steel appliances and LG energy efficient washer/dryer combo located in the laundry closet. Step outside into your own private patio perfect for relaxing with picturesque walkways and meticulously maintained grounds. Community amenities include pool, sauna, fitness center, clubhouse.

2
BEDS
1
BATHS
974
SQFT
0.03
ACRES

Welcome Home! From the moment you arrive, you'll appreciate this home's inviting curb appeal and spacious design. Inside, you'll find bright, open living areas filled with natural light, creating a warm and welcoming atmosphere that's perfect for everyday living and entertaining alike.The thoughtfully designed floor plan offers plenty of room to spread out, featuring a large kitchen with abundant cabinet and counter space that opens to the main living area--ideal for family gatherings, holidays, or quiet evenings at home. Upstairs, the generously sized bedrooms provide comfort and privacy, including a spacious primary suite designed to be your personal retreat.Step outside to a low-maintenance backyard with endless possibilities.

3
BEDS
3
BATHS
2,325
SQFT
0.12
ACRES
$399,000

This wonderfully updated home is ready to go! There is refrigerated air, elegantly updated kitchen, laminate wood flooring throughout the main living areas, vaulted ceilings, and fresh paint in the entry and den/living room. The primary bedroom has two walk-in closets and a large garden soaking tub. In the fenced/gated backyard, you will find a covered patio and gazebo with complete landscaping including grass, mature trees, rose bushes, and sprinkler system. The neighborhood is highly desirable and well maintained. All appliances convey including refrigerator, freestanding 5-burner gas stove, dishwasher, built-in microwave, washer and dryer.Seller is motivated and welcomes offers!

3
BEDS
2
BATHS
1,711
SQFT
0.04
ACRES

3105 W Meadow Drive SW, Albuquerque

The Meadows At Anderson Hills
$345,000

Buyers will get paid off solar panels and fall in love with this Immaculatelly cared for stunning Southwest Albuquerque NewMexico beauty! This 3 bed, 2 bath home shines with pride of ownership, soaring ceilings, skylights, granite countertops & gorgeous flooring throughout. Enjoy an open, airy layout, 2-car garage, and a lush backyard oasis with blooming flowers & relaxing patio--just minutes from shopping & schools. Some photos have been virtually staged with furnishings and decor to showcase the use of space, the home itself has not been digitally altered.

3
BEDS
2
BATHS
1,809
SQFT
0.12
ACRES

Beautifully maintained home in the desirable Santa Barbara subdivision! This versatile floor plan features 2 oversized bedrooms and 2 bathrooms, with both bedrooms offering direct bathroom access for added comfort and convenience. A spacious second living area provides flexibility for a possible 3rd bedroom, hobby room, office, or guest space. Enjoy the rare benefit of owned land -- not a leased lot! The HOA offers exceptional amenities including front landscape maintenance, community pool, clubhouse, basketball courts, and tennis courts for easy, low-maintenance living. Then go outside to a private backyard retreat with mature trees, a covered patio, and possible backyard access. Conveniently located near shopping, dining, parks, and everyday amenities in the heart of Albuquerque's NAA

2
BEDS
2
BATHS
1,378
SQFT
0.19
ACRES

Beautiful home 4 bedroom 2 bathroom, in the heart of the South Valley. many recently upgrades remolded kitchen, flooring and bathrooms . HUGE den and covered patio perfect for your family gathering.OWNER FINANCING OPTION

3
BEDS
2
BATHS
1,956
SQFT
0.15
ACRES

Imagine 8804 Pony Express Trl NE, a residence designed for comfort and everyday practicality, featuring a recent partial flooring replacement. The living area includes a cozy fireplace, while the kitchen is equipped with stainless steel appliances, enhancing functionality. The primary bedroom contains a convenient walk in closet for ample storage. Outside, a covered patio provides outdoor living space, complementing the fenced in backyard and a useful storage shed. Experience comfort and updated living; this property provides practical elegance. Included 100-Day Home Warranty with buyer activation

3
BEDS
2
BATHS
1,626
SQFT
0.22
ACRES

Lovely Campa Custom Built Home located in a nice quiet neighbor hood. All brick veneer includes high ceilings, with a Chefs delight Kitchen. Plentiful cabinet and counter tops. Open living room /dining room concept with a cozy warm fireplace. Large 3 bedroom 2 baths. Newer heating and refrigerated cooling system. Venetian plaster finished in the entry way !! Spacious Backyard with side access. Easy access to anywhere.

3
BEDS
3
BATHS
1,625
SQFT
0.16
ACRES
$335,000

*$5K credit towards buyer's closing costs*Downtown living complete with Historical charm and class touched up with modern updates. Be next to the heart of everything that's cool about Albuquerque. Civic Plaza, Old Town, The Zoo/Aquarium, and tons of restaurants and entertainment. This house features granite countertops in the kitchen, lots of cabinets and pantry. The bathrooms have been updated, and the flooring has been updated. Lots of windows for natural light. Upstairs features a loft/bedroom with tons of storage or Harry Potter rooms, which ever your imagination prefers. Come see this home in the vibrant part of the city! Owner financing available. 5K buyer credit not available on owner financing.

3
BEDS
2
BATHS
1,978
SQFT
0.06
ACRES

WOW ANOTHER PRICE REDUCTION! Motivated Seller. Bring me an offer. Lovely, well cared for home. Xeriscape front yard. This also includes 3 storage sheds. South shed: 8'x10', north shed: 12'x16' and plastic shed behind north shed 5'x6'. Double carport. Remodeled kitchen with granite countertops and stainless steel appliances. All appliances staying including stackable washer and dryer, as well as an extra refrigerator in the pantry. Backyard has a nice remote controlled retractable awning.

3
BEDS
2
BATHS
1,724
SQFT
0.14
ACRES

Builder offers AMAZING FINANCING TERMS with in house lender, DHI Mortgage & $5,000 toward closing costs (Offer could expire/change or go away at any given time without notice)Come see our beautiful Sierra floor plan. Brand new beautifully landscaped gated community with forever views. You will enjoy the walking trails, gathering areas and community gardens. This home features a beautiful kitchen with granite stone countertops, dark cabinets and a light grey tile through the dining area that leads to a large covered patio and walled back yard. Large 5ft walk in shower in primary bedroom and double sinks make mornings easier!

3
BEDS
2
BATHS
1,519
SQFT
0.1
ACRES

Welcome to this charming home offering comfort, space, and thoughtful upgrades in a highly desirable location. Featuring 3 spacious bedrooms, 2 bathrooms, new solar panels, backyard access, and a private bed + bath in the detached garage. This home has many upgrades including new HVAC and windows. Enjoy the convenience of two separate living areas, perfect for entertaining, relaxing, or creating a dedicated home office or playroom. The layout provides flexibility and privacy while maintaining a warm and inviting feel.Tucked away in a peaceful and quiet neighborhood but still minutes from everyday amenities.This home checks all the boxes - space, comfort, tranquility and accessibility. Don't miss the opportunity to make it yours!

4
BEDS
3
BATHS
1,483
SQFT
0.17
ACRES

Pride of ownership is evident throughout this beautifully maintained home in a highly sought-after Northeast Heights neighborhood. Featuring a classic pitched roof, replaced in 2017, and a well-cared-for interior, the home offers a clean, comfortable, and functional layout that is truly move-in ready.The property has been consistently maintained over time, with several significant improvements adding to its overall condition and lasting appeal. The home's ductwork recently underwent an extensive professional sealing and restoration process, a substantial upgrade designed to improve the integrity and efficiency of the existing duct system. The heating system has also been recently inspected and received a green tag.From the moment you arrive, the home presents a welcoming atmosphere and a sense of quality that carries throughout. Ideally located near shopping, dining, and everyday conveniences, and positioned within a desirable school district, this is an excellent opportunity to own a well-kept home in one of Albuquerque's most established areas.

3
BEDS
2
BATHS
1,619
SQFT
0.2
ACRES

Nicely remodeled home in the historic Barelas neighborhood at its best! Live in one unit and rent the other one out! Main house is 3 bedrooms with 1.5 bathrooms, and the studio on the side is perfect for a rental property. Could be a multi generation property, or a really good investment opportunity! The entire property has been remodeled with a newer tpo roof, newer furnaces, newer ac units, newer appliances, newer cabinets and newer plumbing! Come take a look, you won't be disappointed.

3
BEDS
2
BATHS
1,774
SQFT
0.02
ACRES

Come see this lovely, yet cozy home located in Heritage East. in the La Cueva School District. Townhome with 2 Spacious bedrooms and 2 full bath. Huge living room or great room with dining room. Lovely Master Suite with Walk-in Closets and double sinks. Very private rear yard with covered patio for enjoyment or entertaining.

2
BEDS
2
BATHS
1,520
SQFT
0.12
ACRES

308 Dolores Drive NW, Albuquerque

In Block E Of The Laval And Add
$349,900

Opportunity Knocks! This property is full of potential, Seller's loss is your game. Bring your vision and finish what's already been started to build instant equity. The main house offers 2 bedrooms , 2 bathrooms, 1 car garage and approximately 1467 Sq ft, with several updates already completed. The detached Guest house (Casita) is a 2 bedroom 2 bath unit approximately 1021 Sq.Ft that is ready for completion with most materials already on site and waiting to be installed. This fantastic opportunity to live in one unit and rent the other for steady income, or maximize returns on an investment property. Perfect for investors or handyman buyers looking to add value . Don't miss out.

4
BEDS
4
BATHS
2,196
SQFT
0.17
ACRES

Two homes, one property! Great opportunity to be in the beautiful Old Town/Sawmill area. Unique opportunity with endless potential! This property features a primary residence ready for renovation--and a 1 bedroom casita ideal for guests, rental income, or multigenerational living. The main home is ~1430 sq ft, and the additional dwelling is ~805 sq ft. Buyer to verify all square footage. This property is being SOLD AS-IS, where is, no warranties expressed or implied. No repairs will be completed.

4
BEDS
2
BATHS
2,230
SQFT
0.3
ACRES

Built in 2023 & priced at $305,000, this single-story feels brand new (because it basically is). Step inside to an open layout, light, bright & effortlessly connected. The kitchen shines w/ granite countertops & flows into the main living space, making it perfect for everyday life or hosting your people. Stay cool year-round w/ refrigerated A/C. The split floor plan gives the primary suite its own private retreat, exactly how it should be. The backyard is ready for your vision--create the space you've been dreaming of. Aspire brings the lifestyle: parks, walking paths, & beautifully maintained spaces all within a gated community. Low maintenance. High style. The kind of home that just makes sense!

3
BEDS
2
BATHS
1,293
SQFT
0.1
ACRES

Well maintained two story home in the gated Orchards community featuring thoughtful updates throughout. Roof and stucco were completed within the last five years, offering added value and peace of mind. The home offers an open and functional layout with abundant natural light, tile flooring on the main level, and new flooring upstairs. Kitchen includes like new appliances and ample storage. Spacious primary suite with remodeled bathroom. Large, beautifully landscaped backyard ideal for entertainment. Community amenities include a pool in a secure gated setting.

3
BEDS
3
BATHS
1,664
SQFT
0.14
ACRES
$329,900

Completely Renovated Downtown Home on Nearly 1/4 Acre! Seller Offering $10,000 Toward Buyer's Closing Costs! Wonderful downtown home, completely renovated and positioned on a generous 0.24-acre lot offering space, style, and a prime location. Stylish wood-look laminate floors flow effortlessly throughout the main living areas. A spacious main living area perfect for everyday living. Enjoy a brand-new kitchen with sleek white cabinetry, beautiful granite countertops, stainless steel appliances, and fresh modern lighting throughout. Retreat to the updated owner's suite with brand-new carpet and a stylish en-suite bathroom, complete with a new vanity and a large tile-surround shower. Large yard with backyard access and a storage shed. New electrical service, hot water heater, paint, flooring and HVAC. Offering Owner financing! 20% down! 6% interest payments!

3
BEDS
2
BATHS
1,360
SQFT
0.24
ACRES

Nice home with views of the city, Manzanos, and sunsets. 3-or 4-bedroom, master is upstairs with deck that is big enough to have a party on! Open living area, breakfast nook, nice great room that could be an office, bedroom area, playroom! Huge yard with a covered patio, mature trees, close to good schools, parks, jogging area, shopping and much more.

3
BEDS
2
BATHS
2,236
SQFT
0.22
ACRES

Beautiful single story home in Downtown Albuquerque. this charming 2 bedroom 1 bath home with original hardwood floors is open light and bright.Seller has recently added tankless water heater, central / Refrigerated A/C. new windows and doors, new appliances, granite counter tops are just some of the updates. Livingroom is full of light and opens to large dining room. A bonus space not included in Sq footage is the full size attic perfect for office studio or tons of storage. The home additionally has back yard access with additional access thru ally. A large detached storage or studio is another bonus. The home is warm and inviting and a must see.

2
BEDS
1
BATHS
1,160
SQFT
0.16
ACRES

Welcome to 5009 Palo Alto Avenue SE, a charming, one-of-a-kind home in Parkland Hills. This 3-bed, 2-bath residence (1,842 sq ft; built 1955) is located in one of Albuquerque's most diverse and established neighborhoods. Ideally located with quick access to Nob Hill, Kirtland AFB, local hospitals, premier shopping, and dining! It blends timeless character with thoughtful updates. Interior highlights include two spacious living areas, rich hardwood floors complemented by tile and luxury vinyl plank, ceiling fans throughout, and a bright, skylit kitchen perfect for everyday living and entertaining. The private primary suite is offset from the secondary bedrooms and features a generous walk-in closet. Outside, enjoy a large, secure backyard shaded by mature trees and lush landscaping.

3
BEDS
2
BATHS
1,824
SQFT
0.19
ACRES

7315 Inwood Court NW, Albuquerque

Plat Of Laurel Wood South Subdivision
$384,999

Located in a desirable gated community in Northwest Albuquerque, this home sits on a quiet cul-de-sac and offers a functional layout with comfortable living spaces and plenty of natural light. Features include well sized bedrooms, a spacious living area, and a kitchen with ample storage. The backyard provides space for outdoor enjoyment, entertaining, or future customization.

4
BEDS
3
BATHS
1,959
SQFT
0.11
ACRES

Gorgeous 2 Bedroom, 2 Bath in SE corner. All set for your own design choices - old carpet is out! Walls have been opened from kitchen to great room. Custom kitchen pantry -2 columns floor-2-ceiling maple drawers -cooks delight! Balcony overlooks the swimming pool with views of Sandia Mountains and Downtown. Big amenities- 24Hr Courtesy Patrol at the front desk, multi camera monitoring the grounds and covered parking area. 24hr gym. Free Laundry. Morning exercise in hospitality room, Sound Baths, in-house artist open studio. Outdoor has rose garden, perogola, dining tables, grills & bike parking. Social Seniors! Learn about the weekly events in this Park Plaza Community and enjoy the Old Country Club neighborhood. Not just a Home - a Lifestyle!

2
BEDS
2
BATHS
1,067
SQFT
$340,000

Sunshine, style, and charm await in this Mark Twain neighborhood gem! Step inside this enchanting home where classic character meets modern updates. With 1,956 sq. ft., 3 bedrooms, 2 bathrooms, and two spacious living areas, there's room for everyone to relax, entertain, or work from home. Natural light floods every room, highlighting gleaming hardwood floors and beautifully updated bathrooms. The kitchen is a chef's delight, featuring crisp white cabinets, stainless steel appliances, and generous counter space for cooking and entertaining. Outside, enjoy your covered patio for morning coffee and relaxing evenings. 1-car garage adds convenience. Nearby is Albuquerque Uptown, Winrock, and Coronado Malls. Easy access to I-40. Come see this charming home!

3
BEDS
2
BATHS
1,956
SQFT
0.15
ACRES

Seller is willing to Contribute up to 3% to buyer closing costs to buy down the interest rate with preferred lender. This North Valley property offers something increasingly hard to find; space, flexibility, and opportunity on a .25-acre lot, just moments from the Rio Grande Bosque. This 3 bedroom, 2 bath home spans 2,061 sq ft with multiple living areas and a layout that allows you to live, work, and adapt the space to your needs. Natural light and comfortable living spaces create an inviting everyday environment. A detached 480 sq ft (+/-) structure is ideal for a workshop, studio, or creative space. Covered parking with a 2-car carport. The lot provides room to expand, garden, or simply enjoy the privacy and mature setting the North Valley is known for. A property with options, ready for its next chapter.

3
BEDS
2
BATHS
2,061
SQFT
0.25
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.